Do you want to travel the world but you put the excuse of money? Do not know how to save money to travel and fulfill your dream? Do not worry, it is normal that money is one of your concerns, it was also ours.
Before starting the blog we had to learn how to control and save money to travel and undertake.
If you want to listen to the article instead of reading it, give the play:
When we said that we were going to start our first trip around the world and travel for more than a year without a return date, many people asked us:
- What will they live?
- How much money do they have to travel?
- How did they collect so much money?
And is that many people do not understand and do not want to learn how to turn a blog into an online business that they love and that generates their first income online.
And that’s fine, not everyone wants to start a blog and we also traveled a lot before we started and the answer to the three questions was:
- Just save
- and then we save a little more
- How To Save Money To Travel The World
Before continuing with this article on how to save to travel around the world we would like to clarify that: traveling is usually cheaper than living in your own city, if you have to:
- pay a bank loan
- pay for services in a house or apartment
- pay debts
- you like to party
- eat at luxury restaurants
- buy unnecessary things
In that case we assure you that it is much more expensive than traveling.
In this article, we ask you to leave aside the concepts of luxury and all-inclusive lodging and tours in vacation packages from tourist agencies.
That is not traveling, that is touring and throwing your money in 15 days of vacation to return to enslave you in a job for a year.
2. The Best Tips And Methods To Save Money To Travel
Now if what you are looking for is to learn to travel on your own in the most independent and economic way possible and you are also looking for:
- Ways to save money for a trip
- how to save a lot of money in the shortest possible time (it will depend on your income)
- how to save money to travel the world
- Saving methods for travel
- tips to save money to travel
3. Set A Goal And Small Objectives To Achieve It
It may seem silly but doing this has saved us more than 16 thousand dollars in one year.
How?
The goal is what you want to achieve, for example in our case was traveling for more than 1 year with no return date. The objectives are the steps you will have to take to reach your goal.
Doing this will avoid that in moments of temptation, where you want to buy something or give yourself a treat like:
- Go eat at a good restaurant
- Attend your favorite band’s concert
- Go to the music festival
Remember why you will not, because you have a much more important goal to achieve.
Having our goal clear and above all being committed to it, on many occasions prevented us from spending money on unnecessary things.
4. Eliminate Your Debts Or Make A Plan So That They Do Not Consume All Your Money
Sure you will think that this is impossible.
Then let’s start with the first point … do not become indebted! Remember that debt is the slavery of the modern world.
Having our full salary opens a world of possibilities for saving.
This is not impossible, for example if you have an apartment or a house put it for rent and with that you can pay your debt.
5. Learn To Manage A Monthly Budget
It’s amazing how very few people manage a monthly budget, and they have full knowledge of their expenses and income.
This is not difficult and we have already done the work for you.
Download our budget form to control your money perfectly:
6. Eliminate Unnecessary Expenses
We return to the part of being more minimalist to live better.
Once you have made your analysis and have made your monthly budget, eliminate unnecessary expenses.
These expenses can be:
- Internet
- Netflix
- Go to dinner every weekend
- Subscription to the gym
- Cut the Cable TV
- Forget about hairdressing
Think that everything adds up, instead of paying a gym, why do not you go for free exercise in the square or in your own home?
That’s what you did, in my case we cut the cable TV that we barely used.
When you’re working all day you hardly have time, so do something more useful and save money for your next trip by cutting unnecessary expenses.
7. Open An Exclusive Account To Save Money For Your Trip
While each of us has our own bank account, we open another to save money for our trip and for the Blog.
Having an exclusive bank account to save will keep your money safe and will keep money away from you and from the many temptations of wanting to spend it.
Set a fixed amount of monthly savings
Many times we think that we do not have how to save money, since the salary does not reach us.
But this is not true. Think you earn 10% less of your salary each month.
Logically, this step must be done based on:
- your salary
- your possibilities
- your financial commitments
At first it may seem complicated, but once you turn it into a habit that as soon as you pay it you put it in your savings account to travel, it will become an automatic and very simple task.
8. Everything You Receive Extra Use It Intelligently
If you work for someone else or do some extra work, you will probably receive:
- utilities
- commissions
- aguinaldo
- work bonus
- before
In this case use that money to pay your debts or put it as part of your savings to travel the world.
9. Find An Extra Income Source
This point may seem obvious, but we give you our case.
We did not want to stay hanging after fulfilling our dream of going around the world, while we want to help other people with what we know.
The issue is not to guarantee yourself with the salary you receive; you can always get more and other ways to save money to travel the world.
I am also recommending you to read most expensive trains in the world for luxury trip.